Common use of Trade Secrets and Confidentiality Clause in Contracts

Trade Secrets and Confidentiality. The Employee agrees that he will not at any time, either during the term of this Agreement or thereafter, knowingly divulge to any person, firm or corporation any confidential or privileged information received by him during the course of his employment, or prior to the date hereof, with regard to the financial, business or other affairs of the Corporation, its predecessors, its officers, directors, or stockholders, or any subsidiary, customer or supplier of the Corporation, and all such information shall be kept confidential and shall not, in any manner be revealed to anyone except as may otherwise be required by law and provided further that nothing herein shall be construed to prohibit the Employee from divulging information in the ordinary course of the business of the Corporation. The Employee further agrees that he will not knowingly divulge to any person, firm or corporation, either during the term of this Agreement or thereafter, or make known either directly or through another, to any person, firm or corporation, any trade secret or confidential knowledge or privileged procedures of the Corporation except as may be otherwise required by law and provided further that nothing herein shall be construed to prohibit the Employee from divulging (i) information in the ordinary course of the business of the Corporation or (ii) information which was or has become or hereafter becomes generally available to the public. Any breach of the terms of this paragraph or of Section 9 hereof shall be a material breach of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Desa Holdings Corp), Employment Agreement (Desa Holdings Corp), Employment Agreement (Desa Holdings Corp)

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Trade Secrets and Confidentiality. The Employee agrees that he will not at any time, either during while he is employed by the term Corporation or for two (2) years after termination of this Agreement or thereaftersuch employment, knowingly divulge to any person, firm or corporation any confidential or privileged information received by him during the course of his employment, or prior to the date hereof, with regard to the financial, business or other affairs of the Corporation, its predecessors, its officers, directors, or stockholders, or any subsidiary, customer or supplier of the Corporation, and all such information shall be kept confidential and shall not, in any manner be revealed to anyone except as may otherwise be required by law and provided further that nothing herein shall be construed to prohibit the Employee from divulging information in the ordinary course of the business of the Corporation. The Employee further agrees agrees, while he is employed by the Corporation or for two (2) years after termination of such employment, that he will not knowingly divulge to any person, firm or corporation, either during the term of this Agreement or thereafter, or make known either directly or through another, to any person, firm or corporation, any trade secret or confidential knowledge or privileged procedures of the Corporation except as may be otherwise required by law and provided further that nothing herein shall be construed to prohibit the Employee from divulging (i) information in the ordinary course of the business of the Corporation or (ii) information which was or has become or hereafter becomes generally available to the public. Any breach of the terms of this paragraph or of Section 9 11 hereof shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Desa Holdings Corp)

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